https://www.taxtmi.com/caselaws?id=167677 The High Court of Allahabad ruled in favor of the assessee in a tax liability assessment case regarding the import of construction material for a works contract in the assessment year 2003-04. The Court found that there was no evidence of misuse by the applicant and deemed the adverse inference drawn by the Tribunal unjustified. Citing relevant legal precedents, the Court allowed the revision and ordered no costs to be paid, clarifying the assessment of tax liability on imported construction material for works contracts under section 2003-04. en-us Thu, 08 Nov 2012 00:00:00 +0530 Thu, 01 Jan 2015 22:09:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167677 The High Court of Allahabad ruled in favor of the assessee in a tax liability assessment case regarding the import of construction material for a works contract in the assessment year 2003-04. The Court found that there was no evidence of misuse by the applicant and deemed the adverse inference drawn by the Tribunal unjustified. Citing relevant legal precedents, the Court allowed the revision and ordered no costs to be paid, clarifying the assessment of tax liability on imported construction material for works contracts under section 2003-04. Case-Laws VAT and Sales Tax Thu, 08 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167677